SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 227.35+0.3%Dec 19 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bill Harmond who wrote (22278)10/19/1998 8:08:00 PM
From: Randy Ellingson  Read Replies (3) of 164684
 
[OT]
"This was a cyclical bear market, I'll grant you that, but it was very damaging, and lasted more than a year. The average Nasdaq stock was cut in half. Even the best stocks were cut by 25% or more."

I'm no expert, so I'm asking -- by what measure did the bear market last more than a year when the markets were at their highs in May and again as recently as July? Is the point that the large-cap indexes were unrepresentative of the overall market, and that the bear market actually began before the large-cap indices began their substantial slide circa July?

Your point is certainly right about the 'damage' (which is less damaging if one isn't forced to sell). My impression of many large caps escaping significant drops during the market slide was formed by names like INTC, WLA, XON, etc. But also from the fact that indeed many of these large cap stocks were still up for the calendar year. I see that I've chosen stocks which were relative exceptions to the post-July drop. Hopefully the average investor had some of these to ease the pain.

I know even these stocks were hit at the worst point, but the recovery was fairly quick. Now let's see if the market can stick to this recovery track. :-)

BTW, I really appreciate the posts by you and many others on this board. E.g., Glenn's posts make him a great "cementhead" adversary for you.;-) I had to quote that...

Randy
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News